Is Your Business Off
Track? 10 Hidden
Warning Signs

A quiet invitation to reflect
on your business.

Most business failures don’t happen overnight. They happen incrementally, a little bit at a time, when warning signs are ignored or pushed aside.

Depending on your goals for your business, this quick exercise is simply a tool to help you highlight areas that might benefit from a little extra focus. Look at the ten key areas below. If you cannot comfortably answer “True” to a statement, it may simply fall outside your business plan - or it may point to an area that needs attention.

For each statement below, consider if it is True, Somewhat True, or False for your business.

Reality Check

1.    How to Reduce Staff
Turnover and Improve
Retention

It’s true: I have a stable team of three or more full-time staff, so my staff turnover is low.                                                                                               

2.     How to Make a Business
Run Without the Owner

It’s true, my business is built to thrive long-term whether I am physically there or not.                                                                                            

3.    How to Increase Your
Personal Income from the
Business

It’s true: My personal income from the business is more than satisfactory.                                                                                                  

4.    How to Improve Small
Business Profitability

It’s true: I am more than satisfied with the amount of profit my business is making.                                                                                                              

5.    How to Manage and
Reduce Small Business Debt

It’s true: My business is not weighed down by debt and I can easily meet all my financial obligations.                                                                                       

6.    How to Reduce
Small Business Financial Pressure

It’s true: I have no financial pressures to meet payroll or bills.              

7.    How to Track Your Financial
Progress and Stay on Target

It’s true: I actually enjoy reviewing my monthly financial statements to see how the month went and adjust my plans if needed.

8.    How to Maintain
Small Business Momentum

It’s true: I seldom feel as if I’m spinning my wheels in my business. 

9.    How to Improve
Small Business Sales Figures

It’s true: My sales figures are excellent and are just where I want them to be. 

10.  How to Get More Freedom
and Holidays as a Business Owner

It’s true: I can effortlessly take holidays without having to close early or stop trading.   

Your Scoring & What it Means

Your scoring highlights the skills you already possess to build a business that can eventually run smoothly without you. If gaining that kind of freedom is one of your goals, these 10 statements give you a rough blueprint to get there.

In effect, they outline the core responsibilities you’d expect to see on the job description of a successful CEO.

Ask yourself: What does your current day-to-day job description look like compared to this one?

If you had more “False” answers than “True,” it simply means you have a bit more groundwork to lay – and that’s completely okay.